Author: NBTC

Bitcoin climbed back above $65,000 this week, extending an unusual stretch of resilience as the cryptocurrency absorbed a string of developments that would typically pressure prices. The top digital asset rose about 2% over the past 24 hours to as high as $65,212, its strongest level since late July, CryptoSlate data shows. The move coincided with $191.6 million in crypto liquidations across more than 80,000 traders, CoinGlass data showed, including a $1.66 million $BTC position on Hyperliquid. The price performance came as investors digested a major hardware-wallet security breach, another delay to the landmark CLARITY Act legislation and months of…

The U.S. Federal Reserve kept the interest rate unchanged at 3.50%-3.75% for the fifth time on Wednesday, triggering mixed signals across traditional and crypto markets. In the split vote, nine of the Federal Open Market Committee (FOMC) members approved the rate pause. Three members dissented and called for a 0.25% rate hike. According to the Fed, the economy was “expanding at a solid pace” but blamed elevated uncertainty on the ongoing Middle East conflict that has kept inflation above the 2% target. Following the statement, the U.S. stock market dropped lower. The Dow Jones slipped 2.19% while the S&P 500…

$BNB Chain has completed its 36th quarterly token burn, permanently removing 1,615,827.795 $BNB worth approximately $932 million from circulation as the network continues its long term plan to reduce the token’s total supply to 100 million $BNB. Following the burn, $BNB’s remaining total supply stands at 133,166,127.91 tokens. The latest burn marks the third quarterly burn carried out in 2026 and slightly exceeded the estimated burn amount of roughly 1.615 million $BNB. The 36th burn also marks a change in execution following $BNB Chain Fusion. Beginning with this event, quarterly burns are now carried out directly on $BNB Smart Chain,…

Citadel Securities urged the Securities and Exchange Commission (SEC Securities and Exchange Commission (SEC) The Securities and Exchange Commission (SEC) is one of the most widely known independent authorities in the United States. The SEC has a wide range of responsibilities, helping police markets and curbing against abuse. This includes enforcing federal securities laws, proposing securities rules, and regulating the US’ stock and options exchanges.As one of the paramount regulatory authorities in the US, the SEC is responsible for the oversight of public companies in the aforementioned segments.Wha The Securities and Exchange Commission (SEC) is one of the most widely…

The account fragmentation that forces active traders to hold separate balances for spot crypto, foreign exchange, and other products has become one of the quieter frictions in retail market structure. BiFu is now removing one layer of that friction by bringing its assets and trading services under BiNet, a unified asset trading network linking crypto, forex, and related products, according to the original report. The operational change is more than a rebrand. It suggests BiFu’s product stack now sits behind a single interface where traders can move between crypto pairs, currency markets, and potentially other asset classes without switching platforms…

Bitcoin ($BTC) derivatives trading volumes are now nearly eight times higher than spot markets on Binance. Key points: Bitcoin daily spot trading volumes on Binance are diverging from futures more than ever. Spot demand has declined in recent months, while futures demand is still net positive, per data from CryptoQuant. Options traders are hedging for downside in September after months of rangebound $BTC price action. Binance sees record split in Bitcoin spot vs. futures trading Data from onchain analytics platform CryptoQuant released on Friday reveals record readings for Bitcoin futures-to-spot trading volume ratios. The ratio now stands at 7.82, meaning…

The basic multiple-to-Net Asset Value (mNAV) that investors are willing to pay for Michael Saylor’s Strategy has declined by two-thirds over the past two years from 2x to 0.68x. Exactly 24 months ago, Strategy common stock was worth exactly twice the value of its $BTC. For every $1 of $BTC the company owned, MSTR traded at $2. In 2024, there was optimism about Strategy’s ability to positively accrete $BTC for shareholders through successful business operations. As of today, that measure of optimism has declined by exactly two-thirds. Basic multiple to Net Asset Value of MSTR, July 30, 2024-July 29, 2026.…

A major partnership between Japanese financial giant SBI Holdings and the Solana Foundation has sparked debate within the $XRP community, with some investors questioning whether one of Ripple’s longest-standing allies is shifting its blockchain strategy away from $XRP. The concerns emerged after SBI Holdings announced a strategic partnership with the Solana Foundation to build an on-chain financial market originating from Japan. As part of the initiative, SBI R3 Japan will be renamed SBI Solana Global, with the Solana Foundation joining the venture alongside existing shareholders SBI Holdings and Sumitomo Mitsui Financial Group (SMFG). The new entity plans to focus on…

An anonymous trader on Polymarket holds a No position on the CLARITY Act worth about $414,895, roughly 2.6 times larger than the $160,200 in liquidity currently available on the market where it sits. CryptoSlate’s live market data puts CLARITY Act odds near 20% Yes, a number now widely read as Washington’s probability estimate for the bill. The real issue is how much of that 20% reflects a broad crowd and how much comes from one position sitting on a thin book. A number that measures the wrong thing Predictbook identified on Aug. 11 that the account was newly created, with…

On the 18th of August, an outrage sparked regarding reports of unexpected deposits, raising fresh concerns around $HTX. This came after recipients using the exchange platform reported receiving small transfers they never initiated. According to on-chain data, the activities showed recurring Tether [$USDT] payments ranging between 3 and 10 $USDT. The similar amounts and closely grouped timing point toward a repeated transfer pattern rather than typical exchange withdrawals. That pattern becomes significant because several recipients reportedly faced account freezes soon after the deposits arrived. What stood out is that many of those who received these deposits reported being frozen out…